FG highlights economic reforms, investment, others to Canadian delegation

By Esther Agbo

The Federal Ministry of Finance and the Ministry of Budget and Economic Planning hosted a high-level delegation of Canadian investors in Abuja today, highlighting Nigeria’s commitment to fostering economic cooperation and attracting foreign investment.

The meeting was led by Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and Honourable Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu. Organised by the African Capital Alliance, the event aimed to highlight Nigeria’s economic reforms and investment opportunities to potential investors from Canada.

While at the meeting, both ministers facilitated discussions on key reforms by the Federal Government, investment prospects, and initiatives designed to enhance economic collaboration between Nigeria and Canada.

Furthermore, the event offered the Nigerian Government a stage to present its economic reforms and investment opportunities to the Canadian business community.

The ministers highlighted Nigeria’s potential and dedication to fostering a favourable business climate.

In Edun’s words, “This meeting demonstrates our commitment to fostering economic cooperation between Nigeria and Canada.”

He emphasised the Federal Government’s dedication to creating a conducive environment for investors and promoting economic growth.

Senator Bagudu however echoed these sentiments, highlighting various initiatives aimed at improving the business environment in Nigeria.

Similarly, the Chairman of African Capital Alliance, Mr. Enelamah expressed his satisfaction with the engagement, noting that it aligns with the African Capital Alliance’s mission to promote private sector investment in Africa.

He said, “African Capital Alliance is pleased to facilitate this engagement, which aligns with our mission to promote private sector investment in Africa.”

The meeting ended with the Canadian delegation, which included top executives from prominent companies, expressed interest in exploring investment opportunities in Nigeria.

The delegation members were: the President of CIBC Group, Victor Dodig, the CEO of Mattamy Asset Management, Peter Gilgan, President of OMERS, Blake Hutcheson, President of Cameco, Tim Gitzel, President of Garda World Security Corp, Stephan Crétier, President of the Business Council of Canada, Goldy Hyder, Co-Founder of BKR Capital, Isaac Olowolafe and the High Commissioner of Canada to Nigeria, James Christoff.

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